322 Rainbow Lake Drive
Dawsonville, GA 30534
- 3 beds
- 1 bath
- ~1 acre lot
- 1945 build
- – on site
Welcome to 322 Rainbow Lake Drive. Nestled on 1+ acre of peaceful, wooded land, this hidden gem offers the perfect opportunity to create your dream retreat. Surrounded by mature trees and natural beauty, the property provides privacy, space, and a quiet escape from the hustle and bustle—while still being conveniently located to town amenities. With over 1400 square feet and over 1,000 square feet in unfinished basement, plus an oversized shed that can be converted into a tiny home for rental income. This home has had a successful rental history and is being sold as-is. The home itself is a true fixer-upper, ready for your vision and renovation skills. With solid bones and an unfinished basement, this property is an ideal canvas for investors, DIYers, or anyone looking to build equity through restoration. Whether you choose to remodel the existing structure or start fresh, the possibilities are endless. Enjoy the sound of birdsong, the azaleas blossoming, the shade of towering trees, and the potential to turn this rustic setting into a one-of-a-kind home. Don’t miss this rare chance to own a slice of wooded paradise with room to grow. Priced to sell! This won't last long.
Last checked:
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Last updated May 8, 2025
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MLS# 7571818 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1945
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Construction Materials:Block
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Building Area Source:Public Records
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Architectural Style:Ranch
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Levels:One
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Foundation Details:Block
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Roof:Shingle
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Basement:None
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Common Walls:No Common Walls
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Exterior Features:None
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Window Features:None
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Security Features:None
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Patio And Porch Features:None
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:1474
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Below Grade Finished Area:1066
Interior
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Interior Features:Other
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Kitchen Features:Other
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Dining Room Features:None
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Flooring:Carpet
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Other Equipment:None
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Laundry Features:Laundry Room
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Fireplace Features:None
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Room Type:Other
Location
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Directions:Use GPS.
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Latitude:34.44289
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Longitude:-84.192547
The Property
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Parcel Number:055 043
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Back Yard
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Lot Size Acres:1.12
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Lot Size Source:Public Records
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View:Other
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Fencing:None
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Horse Amenities:None
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Other Structures:Shed(s)
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:County Road
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Road Surface Type:Gravel
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (706) 265-0202
- Office phone:
- (770) 889-3051
Taxes
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Tax Year:2024
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Tax Annual Amount:1715
Beds
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Bedrooms Total:3
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Bedroom Features:Other
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Master Bath Features:None
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Main Level Baths:1
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/322-RAINBOW-LAKE-Drive-Dawsonville-GA-30534/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Electric
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Heating:Central
Utilities
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Utilities:Electricity Available
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Sewer:Septic Tank
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Electric:110 Volts
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Water Source:Well
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Green Energy Generation:None
Appliances
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Appliances:Other
Schools
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Elementary School:Robinson
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Middle Or Junior School:Dawson County
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High School:Dawson County
The Community
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Subdivision Name:None
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Community Features:None
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Association:false
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Carport Spaces:2
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Parking Total:2
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Parking Features:Carport
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Carport Garage Total:2
Listing Provided Courtesy of Coldwell Banker Realty
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$185,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$990
|
Taxes | $142 |
Insurance | $50 |
Utilities | $172 See report |
Total | $1,354/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.